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FINANCIAL NEWS
Oman fund to invest USD100mn in Irish mining firm
22 Jun 2016
(MENAFN) Oman’s State General Reserve Fund (SGRF) signed an agreement with Ireland Kenmare Resources for USD100mn investment in the mining firm.
Additionally, the deal with the SGRF is part of USD275mn capital raising by Kenmare, which will give up to 29.2 percent of Kenmare.
Accordingly, the firm is pleased of the deal for the investment of USD100mn by SGRF and is encouraged by the level of interest shown by investors.
Moreover, the company will achieve the minimum target of USD275mn, and looks further to engage with investors.
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02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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